Sagicor Financial Company Ltd. (OTCMKTS:SGCFF) Short Interest Up 5,600.0% in April

Sagicor Financial Company Ltd. (OTCMKTS:SGCFF) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 5,700 shares, an increase of 5,600.0% from the March 31st total of 100 shares. Based on an average daily trading volume, of 4,800 shares, the short-interest ratio is presently 1.2 days.

Sagicor Financial Price Performance

SGCFF opened at $5.00 on Friday. The firm has a 50 day simple moving average of $5.01 and a 200 day simple moving average of $4.61. Sagicor Financial has a fifty-two week low of $1.81 and a fifty-two week high of $5.24.

Sagicor Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Wednesday, April 10th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 4.80%. This is an increase from Sagicor Financial’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend is Tuesday, April 9th.

Sagicor Financial Company Profile

Sagicor Financial Company Ltd., together with its subsidiaries, provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States. It operates through three segments: Sagicor Jamaica, Sagicor Life, and Sagicor Life USA. The company offers life and health insurance products; employee benefits, including group health and group life benefits; and annuities, asset management, and property and casualty insurance.